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Russ Whitney and federal income taxes by John T. Reed

Copyright 2002 by John T. Reed
Last update 11/26/02

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I am told that Whitney has taught some customers how to lower your federal income taxes in some of his seminars or other products. I am interested in getting copies of the publications or audio recordings in question. Especially of interest is the use of offshore entities to lower U.S. federal income taxes.
I am also interested in what Whitney has done to lower his own federal income taxes.
Section 7623 of the Internal Revenue Code authorizes the Secretary of the Treasury to pay rewards to those who help detect and/or prosecute tax cheats. If you have any information that Russ Whitney has cheated on his income taxes, send it to the IRS. Their tax fraud hot line is 800-829-0433. If they use it successfully, they may pay you a reward. There is no set reward amount, although you often hear the figure 10%. The basic idea is that the IRS wishes to encourage such information. They will acknowledge receipt of your information and tell you one way or the other if they will be rewarding you for it.
The IRS number of Whitney Information Network, Inc. is 841475486 according to SEC filings by that company.
John T. Reed, a.k.a. John Reed, Jack Reed, 342 Bryan Drive, Alamo, CA 94507, Voice: 925-820-7262, Fax: 925-820-1259, Email: johnreed@johntreed.com

CONSUMER WARNING NOTICE: I recently saw Russ Whitney on a late night TV infomercial and then attended one of his "free" seminars. Unfortunately I believed all of their LIES and FRAUDULENT CLAIMS and I paid thousands of dollars to go to his "training camps". Needless to say I was clearly ripped off, cheated and lied to by Russ Whitney and his employees (band of thieves). My mistake was not searching the Internet to find out more about Russ Whitney and his company's HORRIBLE reputation for fraud, deception and illegal activities. Had I searched online I would have found out about THOUSANDS of customers being cheated, HUNDREDS of investigations by the Attorney General into the fraud of Russ Whitney and his company's, and that Russ Whitney himself is a CONVICTED VIOLENT FELON and spent years in PRISON. I saved the cached pages from the major search engines of the John Reed lawsuit with Russell Whitney and the TRUTH and FACTS that Reed discovered during his investigation of Whitney. I am posting this information on real estate discussion boards so other people do NOT get cheated and ripped off like I did.